5/1 Jubilee St, Stones Corner is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 80m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Ripe for renovation and occupying a very handy position in this solid complex of just 6 in total, this 2-bedroom apartment is ideal for those seeking a project where the fees are low and the convenience is high!
Fully tiled throughout and featuring an air-conditioned lounge with balcony, apartment five offers you the chance to jump into the market while allowing plenty of scope to add value in the future.
Situated in the heart of Stones Corner and with a very low body corporate fee of just $589 per quarter and a single lock up garage, this is an opportunity not to be missed. Contact Emma De Marco today.
At a glance:
- Perfect renovation project
- Currently rented until February 2024 at $300 per week
- Low body corporate fees: $589 per quarter (approximately)
- Sinking fund balance - $14,302 as at 2 November 2023
- 2 bedrooms, master with built-in
- Air-conditioned lounge
- Functional kitchen and bathroom
- 1 x lock up garage with laundry
- Opposite the Stones Corner dining/cafe precinct
- Easy access to Pacific Motorway, South East Busway and Veloway
- Solid complex of just 6 apartments in total
The population of Stones Corner in 2011 was 8,564 people. By 2016 the population was 8,939 showing a population growth of 4.4% in the area during that time. The predominant age group in Stones Corner is 20-29 years. Households in Stones Corner are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stones Corner work in a professional occupation. In 2011, 42.5% of the homes in Stones Corner were owner-occupied compared with 40.8% in 2016.
Stones Corner has 1,664 properties. Over the last 5 years, Houses in Stones Corner have seen a 62.60% increase in median value, while Units have seen a 81.58% increase. As at 31 October 2024:
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